COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 09 May 11
INDONESIA HBA FALL BELOW $118


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.

The government of Indonesia has been publishing a monthly coal reference price (HBA) since February  2010 to be used by coal producers for all future spot and term contracts. The May HBA was 27.73  percent higher Y-o-Y.

Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX)  and the New Castle Global Coal Index (GC) from the previous month.

Assessment basis of coal price reference was calculated considering coal with GCV (GAR)  6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8%, Ash Content 15.00% and  delivery free on Board (FOB) Vessel basis  and applicable for spot contract, delivery between 1 - 31 May 2011.

Any deliver of cargo after 31 May, must be used June 2011 HPB unless the deliveries fall under term contract.

Director General Mineral and Coal have declared today coal reference price for May  2011. The declared HBA was at US$ 117.61 per ton FOB vessel a marginal drop of US$ 4.41 per ton or down 3.61 percent compared with April 2011 Coal reference price. Government has taken around nine days to release this month HBA.

The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the third continues drop since March 2011.

Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 52 coal types with a quality similar to the coal price markers.

For sales in barge, the reference price is reduced by barging and transhipment costs from barge to vessel.

The coal reference price, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers.

Click here for complete details of  Indonesian coal reference prices since Feb 2010.
(cs)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 06 April 09
RICHARDS BAY COAL TERMINAL EXPORTS ROSE 5 PERCENT IN MARCH - BLOOMBERG
South Africa’s Richards Bay Coal Terminal, the world’s largest coal-export facility, shipped 5 percent more coal in March than the same ...


Monday, 06 April 09
INDIA'S OSWAL CHEM EYES INDONESIAN COAL MINES -ECONOMICTIMES
Oswal Chemicals and Fertilisers (OCFL), part of Abhay Oswal-led Oswal group, has initiated talks with three separate Indonesian coal  firms to ...


Thursday, 02 April 09
FOREIGNERS ALSO CHEER FOR INDONESIA'S THE NEW MINING LAW - MAJALA TAMBANG
Three mining giants, Australia's Rio Tinto along with Canada's Barrick Gold and Southern Arc, are among foreign corporations currently applying fo ...


Wednesday, 01 April 09
INDONESIAN GOVERNMENT REVISES MINING REVENUE TARGET DOWN 26% - THE JAKARTA POST
Government income from mining this year, excluding taxes, is expected to drop by about 26 percent to Rp 11 trillion ($957 million), primarily becaus ...


Wednesday, 01 April 09
INDONESIAN OFFICIAL CLAIMS NEW LEGISLATION IS VINDICATED AS OVERSEAS FIRMS LINE UP FOR MINING LICENSES - THE JAKARTA GLOBE
The Energy and Mineral Resources Ministry is expected to issue six mining licenses under the country’s new mining law over the next two months ...


   1362 1363 1364 1365 1366   
Showing 6816 to 6820 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Mintek Dendrill Indonesia
  • SMG Consultants - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Riau Bara Harum - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Cebu Energy, Philippines
  • Thai Mozambique Logistica
  • Indian Energy Exchange, India
  • Georgia Ports Authority, United States
  • Banpu Public Company Limited - Thailand
  • Siam City Cement PLC, Thailand
  • Uttam Galva Steels Limited - India
  • OPG Power Generation Pvt Ltd - India
  • DBS Bank - Singapore
  • Attock Cement Pakistan Limited
  • Glencore India Pvt. Ltd
  • Manunggal Multi Energi - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Bhushan Steel Limited - India
  • ING Bank NV - Singapore
  • ACC Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • Noble Europe Ltd - UK
  • PowerSource Philippines DevCo
  • Interocean Group of Companies - India
  • Arutmin Indonesia
  • Straits Asia Resources Limited - Singapore
  • Neyveli Lignite Corporation Ltd, - India
  • Videocon Industries ltd - India
  • Merrill Lynch Commodities Europe
  • Australian Commodity Traders Exchange
  • Xstrata Coal
  • Indika Energy - Indonesia
  • Bank of America
  • Petrosea - Indonesia
  • Sucofindo - Indonesia
  • Antam Resourcindo - Indonesia
  • Sakthi Sugars Limited - India
  • EIA - United States
  • Salva Resources Pvt Ltd - India
  • Tanito Harum - Indonesia
  • Idemitsu - Japan
  • Edison Trading Spa - Italy
  • IOL Indonesia
  • GVK Power & Infra Limited - India
  • Argus Media - Singapore
  • KPCL - India
  • Ceylon Electricity Board - Sri Lanka
  • Directorate General of MIneral and Coal - Indonesia
  • Vitol - Bahrain
  • Semirara Mining and Power Corporation, Philippines
  • Orica Mining Services - Indonesia
  • Platou - Singapore
  • Indonesia Power. PT
  • Global Business Power Corporation, Philippines
  • SN Aboitiz Power Inc, Philippines
  • LBH Netherlands Bv - Netherlands
  • Shenhua Group - China
  • Mjunction Services Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • Thermax Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Therma Luzon, Inc, Philippines
  • Pinang Coal Indonesia
  • Malco - India
  • Altura Mining Limited, Indonesia
  • Siam City Cement - Thailand
  • New Zealand Coal & Carbon
  • PLN - Indonesia
  • Baramulti Group, Indonesia
  • Bhoruka Overseas - Indonesia
  • The India Cements Ltd
  • Semirara Mining Corp, Philippines
  • Bangladesh Power Developement Board
  • Cargill India Pvt Ltd
  • TNPL - India
  • Metalloyd Limited - United Kingdom
  • Power Finance Corporation Ltd., India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bahari Cakrawala Sebuku - Indonesia
  • Energy Development Corp, Philippines
  • Jatenergy - Australia
  • Vijayanagar Sugar Pvt Ltd - India
  • SUEK AG - Indonesia
  • Humpuss - Indonesia
  • The Treasury - Australian Government
  • IBC Asia (S) Pte Ltd
  • World Coal - UK
  • Kaltim Prima Coal - Indonesia
  • Eastern Coal Council - USA
  • Samtan Co., Ltd - South Korea
  • Barclays Capital - USA
  • Thailand Anthracite
  • McKinsey & Co - India
  • Anglo American - United Kingdom
  • Ince & co LLP
  • Sojitz Corporation - Japan
  • Cosco
  • Berau Coal - Indonesia
  • Tamil Nadu electricity Board
  • TeaM Sual Corporation - Philippines
  • Coalindo Energy - Indonesia
  • Peabody Energy - USA
  • Miang Besar Coal Terminal - Indonesia
  • Samsung - South Korea
  • Energy Link Ltd, New Zealand
  • Malabar Cements Ltd - India
  • Singapore Mercantile Exchange
  • Mercuria Energy - Indonesia
  • MS Steel International - UAE
  • Kobe Steel Ltd - Japan
  • Clarksons - UK
  • Sindya Power Generating Company Private Ltd
  • Maheswari Brothers Coal Limited - India
  • Bhatia International Limited - India
  • Panama Canal Authority
  • Latin American Coal - Colombia
  • White Energy Company Limited
  • JPower - Japan
  • Enel Italy
  • Sarangani Energy Corporation, Philippines
  • The State Trading Corporation of India Ltd
  • Lafarge - France
  • CoalTek, United States
  • J M Baxi & Co - India
  • APGENCO India
  • Inspectorate - India
  • Romanian Commodities Exchange
  • Port Waratah Coal Services - Australia
  • Directorate Of Revenue Intelligence - India
  • Infraline Energy - India
  • Gupta Coal India Ltd
  • Barasentosa Lestari - Indonesia
  • Thomson Reuters GRC
  • Aboitiz Power Corporation - Philippines
  • Alfred C Toepfer International GmbH - Germany
  • SRK Consulting
  • Ministry of Transport, Egypt
  • Indorama - Singapore
  • AsiaOL BioFuels Corp., Philippines
  • Runge Indonesia
  • Madhucon Powers Ltd - India
  • Dalmia Cement Bharat India
  • Tata Chemicals Ltd - India
  • Holcim Trading Pte Ltd - Singapore
  • Cement Manufacturers Association - India
  • Asian Development Bank
  • India Bulls Power Limited - India
  • SMC Global Power, Philippines
  • VISA Power Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Coal India Limited
  • Ministry of Mines - Canada
  • TGV SRAAC LIMITED, India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Gresik Semen - Indonesia
  • Indian School of Mines
  • Grasim Industreis Ltd - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Jorong Barutama Greston.PT - Indonesia
  • Geoservices-GeoAssay Lab
  • Gujarat Mineral Development Corp Ltd - India
  • Arch Coal - USA
  • Leighton Contractors Pty Ltd - Australia
  • Medco Energi Mining Internasional
  • Bukit Makmur.PT - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Borneo Indobara - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Makarim & Taira - Indonesia
  • GB Group - China
  • PTC India Limited - India
  • Karaikal Port Pvt Ltd - India
  • Wood Mackenzie - Singapore
  • Globalindo Alam Lestari - Indonesia
  • Freeport Indonesia
  • Mitra SK Pvt Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Sical Logistics Limited - India
  • Cemex - Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • EMO - The Netherlands
  • SASOL - South Africa
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Bulk Trading Sa - Switzerland
  • BNP Paribas - Singapore
  • Russian Coal LLC
  • Economic Council, Georgia
  • UOB Asia (HK) Ltd
  • Planning Commission, India
  • Africa Commodities Group - South Africa
  • South Luzon Thermal Energy Corporation
  • Parliament of New Zealand
  • Inco-Indonesia
  • Standard Chartered Bank - UAE
  • Xindia Steels Limited - India
  • PetroVietnam
  • Price Waterhouse Coopers - Russia
  • globalCOAL - UK
  • CNBM International Corporation - China
  • Permata Bank - Indonesia
  • TANGEDCO India
  • Kobexindo Tractors - Indoneisa
  • U S Energy Resources
  • Mercator Lines Limited - India
  • Ind-Barath Power Infra Limited - India
  • Ambuja Cements Ltd - India
  • Coastal Gujarat Power Limited - India
  • ETA - Dubai
  • Carbofer General Trading SA - India
  • Savvy Resources Ltd - HongKong
  • Essar Steel Hazira Ltd - India
  • KEPCO - South Korea
  • Japan Coal Energy Center
  • Bangkok Bank PCL
  • NTPC Limited - India
  • Maruti Cements - India
  • NALCO India
  • Lanco Infratech Ltd - India
  • Vale Mozambique
  • Independent Power Producers Association of India
  • Bank of China, Malaysia
  • Goldman Sachs - Singapore
  • ICICI Bank Limited - India
  • Adaro Indonesia
  • Eastern Energy - Thailand
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Minerals Council of Australia
  • Merrill Lynch Bank
  • Coal and Oil Company - UAE
  • IMC Shipping - Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • Agrawal Coal Company - India
  • Deutsche Bank - India
  • Indogreen Group - Indonesia
  • Maybank - Singapore
  • Vedanta Resources Plc - India
  • Rudhra Energy - India
  • Coaltrans Conferences
  • Indonesian Coal Mining Association
  • CESC Limited - India
  • Commonwealth Bank - Australia
  • Electricity Generating Authority of Thailand
  • Ministry of Finance - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Aditya Birla Group - India
  • Timah Investasi Mineral - Indoneisa
  • WorleyParsons
  • Sree Jayajothi Cements Limited - India
  • Jindal Steel & Power Ltd - India
  • Australian Coal Association
  • Trasteel International SA, Italy
  • Core Mineral Indonesia
  • Bukit Baiduri Energy - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Gujarat Electricity Regulatory Commission - India
  • SGS (Thailand) Limited
  • bp singapore
  • Orica Australia Pty. Ltd.
  • Renaissance Capital - South Africa
  • HSBC - Hong Kong
  • Meralco Power Generation, Philippines
  • OCBC - Singapore
  • Qatrana Cement - Jordan
  • Wilmar Investment Holdings
  • McConnell Dowell - Australia
  • Global Coal Blending Company Limited - Australia
  • Tata Power - India
  • Star Paper Mills Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Kartika Selabumi Mining - Indonesia
  • ASAPP Information Group - India
  • Coal Orbis AG
  • Intertek Mineral Services - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Mechel - Russia
  • Pendopo Energi Batubara - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Chettinad Cement Corporation Ltd - India
  • CIMB Investment Bank - Malaysia
  • Kideco Jaya Agung - Indonesia
  • IEA Clean Coal Centre - UK
  • Platts
  • Maersk Broker
  • Moodys - Singapore
  • Krishnapatnam Port Company Ltd. - India
  • IHS Mccloskey Coal Group - USA
  • Adani Power Ltd - India
  • JPMorgan - India
  • Ernst & Young Pvt. Ltd.
  • Larsen & Toubro Limited - India
  • Jaiprakash Power Ventures ltd
  • GAC Shipping (India) Pvt Ltd
  • Rashtriya Ispat Nigam Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Indian Oil Corporation Limited
  • BRS Brokers - Singapore
  • Surastha Cement
  • PNOC Exploration Corporation - Philippines
  • GHCL Limited - India
  • TRAFIGURA, South Korea
  • KPMG - USA
  • Oldendorff Carriers - Singapore
  • Reliance Power - India
  • London Commodity Brokers - England
  • Marubeni Corporation - India
  • Central Java Power - Indonesia
  • Mitsui
  • GNFC Limited - India
  • The University of Queensland
  • Total Coal South Africa
  • Shree Cement - India
  • Iligan Light & Power Inc, Philippines
  • RBS Sempra - UK
  • Bharathi Cement Corporation - India
  • Coeclerici Indonesia
  • GMR Energy Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Kumho Petrochemical, South Korea
  • ANZ Bank - Australia
  • Britmindo - Indonesia
  • Petron Corporation, Philippines
  • Central Electricity Authority - India
  • Mitsubishi Corporation
  • Formosa Plastics Group - Taiwan
  • UBS Singapore
  • Bayan Resources Tbk. - Indonesia
  • Simpson Spence & Young - Indonesia
  • Vizag Seaport Private Limited - India
  • Fearnleys - India
  • MEC Coal - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Rio Tinto Coal - Australia
  • KOWEPO - South Korea
  • CCIC - Indonesia
  • San Jose City I Power Corp, Philippines
  • Parry Sugars Refinery, India
  • PLN Batubara - Indonesia
  • World Bank
  • Asia Cement - Taiwan
  • Indo Tambangraya Megah - Indonesia
  • Deloitte Consulting - India
  • Heidelberg Cement - Germany
  • Gujarat Sidhee Cement - India
  • Thiess Contractors Indonesia
  • Cardiff University - UK
  • Electricity Authority, New Zealand
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Credit Suisse - India
  • Chamber of Mines of South Africa
  • Posco Energy - South Korea
  • Thriveni